Monday, 12 March 2018

Artificial intelligence is the necessity of the day

We have reached a point where businesses absolutely need to adopt Artificial
Intelligence to stay relevant.

Even though, Artificial Intelligence is in existence for so many years,
it has gained importance in the last few years and it will make greater strides
in the years to come.

Lots of devices like smartphones, Televisions, and even mirrors have AI
enabled capabilities and the vendors promoting and selling these devices will
have enormous growth in the future due to AI adoption.But the biggest winners during this year and
the years to come are data scientists and Chief Data Officers (CDO) who will be
in high demand for a long time.

Forrester predicts that AI will blur the boundaries between
structured and unstructured data, and 50% of CDO’s will start to report
directly to the CEO. As a result, over 13% of data-related jobs on Indeed.com
are for data engineers, compared to 1% for data scientists. This reflects the
need for practical, action-oriented data pros that can directly impact the
bottom line.

How artificial intelligence
is driving sales.

Every time Amazon recommends a purchase to
a customer, that's artificial intelligence at work. But AI, the ability of computers or robots
to perform tasks commonly associated with intelligent beings, is not just
limited to huge multinationals.Even
small companies are adopting to AI capabilities on their day to day business.

Sales platform Salesforce estimates it is
handling a billion queries every day using its AI system, dubbed Einstein,
which is used across small and large businesses.

Summary

You might think that implementing or
Adopting AI into our business processes is a costlier affair.This is after all a thought that existed few
years ago but now there are lots of players in the market who provides cost
effective AI solutions that would fit into your budget.To put it simple, AI has become inevitable
in our business operations and we must adopt AI capabilities in whatever
processes that we implement in the business.

Please feel free to contact us if you would
like to get some insights on how AI could help to transform your business.Have a great day!!